Are statements of cash flows included in Anago's financial statements?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the consolidated financial statements of Anago Cleaning Systems, Inc. and Subsidiaries and its subsidiaries, which comprise the consolidated balance sheets as of December 31, 2024, 2023, and 2022, and the related consolidated statements of operations, changes in stockholders' equity, and cash flows for the years then ended, and the related notes to the consolidated financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 62)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the consolidated financial statements include statements of cash flows. Specifically, the independent auditor's report confirms that the audit encompassed the consolidated statements of cash flows for the years ended December 31, 2024, 2023, and 2022. This indicates that Anago provides a detailed overview of how the company generates and uses cash, which is a critical component of its financial reporting.
The inclusion of these statements allows potential franchisees to assess Anago's financial health and stability by understanding the movement of cash both into and out of the company. These statements offer insights into Anago's operational efficiency, investment activities, and financing strategies over the three-year period. Reviewing these statements can help a prospective franchisee evaluate Anago's ability to manage its cash flow, meet its short-term obligations, and fund its growth.
Statements of cash flow are a standard component of a complete set of financial statements, so their inclusion suggests that Anago adheres to standard accounting practices. A prospective franchisee should carefully examine these statements, along with the balance sheets and income statements, to gain a comprehensive understanding of Anago's financial performance and position.